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There are two (2) questions I am asked at least a few times each day when people contact me for bankruptcy advice: Does it affect my spouse or partner? Can I keep my car?
The first and the most basic question is ‘under which chapter of the law should I file for insolvency?’ Well, as a matter of fact, you should file for insolvency under chapters 7, 9, 11, 12 and 13 of the bankruptcy law. …
Your Baltimore bankruptcy lawyer can help point you in the right direction after these preliminary questions have been answered. While it is important to listen to the advice and recommendations of your bankruptcy lawyer, remember that …
As more and more Americans fall victim to rising bills and a slowing economy, a good number of ordinary citizens have been forced to investigate bankruptcy as a final solution to mounting debtloads. Nearly two million of us went …
I spoke with a trustee today about my spouse filing bankruptcy. I was under the impression that when figuring out the equity value in our home that you subtract the real estate fee`s, lawyer fee`s, and interest penalties. The trustee told me that if I am planning on keeping the home that you cant subtract those fee`s. Is this true?
Posted from: Ontario
I spoke with a trustee today about my spouse filing bankruptcy. I was under the impression that when figuring out the equity value in our home that you subtract the real estate fee`s, lawyer fee`s, and interest penalties. The trustee told me that if I am planning on keeping the home that you cant subtract those fee`s. Is this true? Posted from: Ontario. Filed under: Bankruptcy. posted by Questions @ 8:27 pm. 1 Expert Comment: Click here for more information about Ted …
It is necessary for you to comprehend the assorted events that comprise the different bankruptcy chapters. The more familiar chapters frequently utilized are chapter 7 bankruptcy law, 9, 11, 12 and 13. The terms all refer to the various methods of bankruptcy, however now we will pay particular attention to chapter 7 bankruptcy law.
This posting begins by listing excerpts from the “Frequently Asked Questions” that Magna Entertainment has posted about its bankruptcy filing (the complete list of questions and answers can be found at …
If you are looking to file bankruptcy in the state of Massachusetts, there are different types of bankruptcy to consider. Exemptions are allowed in Chapter 7 and 13 bankruptcies. These exemptions are defined by the state in which you are filing and disallow your applicable property from being sold to pay your debts. Some of the more important exemptions as defined by the state of Massachusetts are as follows:
I`m a single mother and has been on Maternity leave and am considering bankruptcy as I have too many debts to pay, if i do will i lose my Canada Child Benefit check every month? I also have RRSP`s through Clarica, will I lose those as well(maybe worth $5000)? Please advise, thank you in advance
Posted from: New Brunswick
I also have RRSP`s through Clarica, will I lose those as well(maybe worth $5000)? Please advise, thank you in advance. Posted from: New Brunswick. Filed under: What I Keep or Lose in Bankruptcy in Canada. posted by Questions @ 2:46 pm …
I`m considering filing for personal bankruptcy and I just recently found out that my mother had some investements accounts such as GIC`s and RRSP`s in my name and her`s. Now what happen`s to those investements that are joint accounts? I don`t wan`t my mother to loose her investements because of my decision?
Posted from: Ontario
Now what happen`s to those investements that are joint accounts? I don`t wan`t my mother to loose her investements because of my decision? Posted from: Ontario. Filed under: Bankruptcy. posted by Questions @ 11:57 am …
The consumer bankruptcy laws of this country were revised just 4 short years ago in a sweeping bit of reform legislation under the Bush administration. The laws were championed by the credit card companies and other creditors as a way of guaranteeing they would not be left holding the bag of people who get trapped under bills.
Is bankruptcy something a Christian should consider, whether personal or business? The Bible instructs us to pay our debts, not to escape from our responsibilities. Is there ever a time that bankruptcy is the right thing to do? …
We are clearly in tumultuous times and the financial stresses are taking a toll on numerous Americans across the country. As people lose jobs, debt tends to accumulate. Families that are struggling to make ends meet are more and more considering bankruptcy as a means to shed their debt and start over fresh with a clean financial slate. However, bankruptcy can help those that are at the end of the road and have no more cards left in their hand to play, but most people would like to avoid it if possible.
i didnt complete my bankruptcy back in 2000,its 2009 and i have no debts in the credit places,i have a vise and an overdraft on my account.everything looks fine.the trustee says i must complete my bankruptcy though.why?im fine now.
Posted from: Ontario
i didnt complete my bankruptcy back in 2000,its 2009 and i have no debts in the credit places,i have a vise and an overdraft on my account.everything looks fine.the trustee says i must complete my bankruptcy though.why?im fine now. … posted by Questions @ 10:03 am. No expert has commented on this question yet. Ask A Question
I have $120000 in unsecured debt, $20000 of wich is a line of credit joined with my wife. I want to declare bankruptcy but she does not. Can she take full responsibility for the line of credit while I declare bankruptcy?
Posted from: British Columbia
Filing bankruptcy can be both a rough time and an utter relief. Why? Well, filing is a big step towards getting your financial house in order and finally getting a discharge. What is a bankruptcy discharge and why is it important? I’m glad you asked.
Nice words. But if he really believes his rhetoric, why is he using taxpayer dollars to protect GM and Chrysler from bankruptcy? Surely an ingenious and resilient people can weather the bankruptcy of these ancient behemoths. …
Starting March 30, consumers buying a GM or Chrysler vehicle have their warranties honored in the event that the maker of their car or truck goes into bankruptcy.
The government will finance the companies’ …
my mom has huge credit card debt, we own a home 50/50 with no mortgage, I have told her to put it in my name and declare bankruptcy, she refuses. If she declares bankruptcy, can they take the house?
Posted from: British Columbia
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